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    Survey Reveals Increasing Employee Costs as Primary Barrier to Business in Poland

    The December survey conducted by the Polish Economic Institute and the special-purpose bank BGK has highlighted the escalating employee costs in Poland as the foremost impediment to conducting business in the country.

    According to the findings published on Wednesday, 67 percent of respondents identified the surge in employee costs as the primary challenge, marking a 1 percentage point increase compared to the previous month.

    Economic uncertainty ranked as the second most significant factor, cited by 64 percent of companies, although this represented a 2 percentage point decline month-on-month.

    Rising energy prices emerged as the third barrier, with 59 percent of businesses highlighting this issue, showing a 3 percentage point decrease from the previous month.

    The unavailability of employees was a concern for slightly more than half of the companies surveyed, with 51 percent expressing dissatisfaction, reflecting a 1 percentage point increase from the previous month.

    Payment backlogs saw a slight decrease, with 44 percent of firms reporting this issue, down by 2 percentage points compared to the previous month. Similarly, rising costs of financing were mentioned by 29 percent of companies, reflecting a 1 percentage point decline.

    The survey also indicated improvements in the availability of products, with only 21 percent of companies reporting issues in this regard, marking a 2 percentage point decrease from the previous month.

    Source:

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